Thu, 25th Jun 2020 14:56
Tandem Group PLC - sports equipment distributor based in West Midlands - Says sales in 25 weeks to June 23 about 7% higher year-on-year, despite "serious challenges of Covid-19". Reports cycling business has grown 72% annually during the period, with ebike sales rising in particular. Says outlook for the rest of 2020 is "positive".
Current stock price: 261.80 pence
Year-to-date change: up 45%
By Eric Cunha; ericcunha@alliancenews.com
Copyright 2020 Alliance News Limited. All Rights Reserved.
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Tandem Group (TND)